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Month: February 2018

Bitcoin Price Technical Analysis for 03/01/2018 – Another Area of Interest

Bitcoin Price Key Highlights Bitcoin price is consolidating inside a symmetrical triangle as it formed lower highs and higher lows. A bounce could be due as the triangle support lines up with a longer-term area of interest around $10,000. Technical indicators are showing mixed signals, though. Bitcoin price has formed a symmetrical triangle pattern and … Continue reading Bitcoin Price Technical Analysis for 03/01/2018 – Another Area of Interest

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Bitcoin Cash Price Technical Analysis – BCH/USD Could Slide Further

Key Points Bitcoin cash price failed to remain above $1,220 and declined against the US Dollar. There is a key bearish trend line forming with resistance at $1,225 on the hourly chart of BCH/USD (data feed from SimpleFX). The pair may continue to move down and it could trade below the $1,180 and $1,150 support … Continue reading Bitcoin Cash Price Technical Analysis – BCH/USD Could Slide Further

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Asian Cryptocurrency Trading Roundup: Top Altcoin is DigixDAO

FOMO Moments The pullback after a couple of days in the green is becoming a regular pattern now. Markets can’t seem to garner any serious upward momentum and have been relatively flat and slightly down for a few weeks now. Bitcoin has retreated 4% back to $10,400 which is pretty much what it started out … Continue reading Asian Cryptocurrency Trading Roundup: Top Altcoin is DigixDAO

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U.S. Commodities Regulator Allows Its Employees to Trade Cryptocurrencies

The U.S. Commodity Futures Trading Commission (CFTC) now allows its employees to trade Bitcoin and other digital assets. Moreover, CFTC’s Chairman J. Christopher Giancarlo recognizes that Bitcoin can no longer be ignored and that cryptocurrencies offer both significant challenges and opportunities. CFTC Authorizes its Employees to Trade Bitcoin As reported by Bloomberg, CFTC, the chief U.S. commodities regulator, is now allowing its employees to invest in cryptocurrencies. The agency granted this authorization after CFTC employees

The post U.S. Commodities Regulator Allows Its Employees to Trade Cryptocurrencies appeared first on Bitcoinist.com.

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Dubai to Launch Blockchain-Powered Automobile Tracking Service

Car owners in Dubai and the United Arab Emirates will soon be able to track their vehicles entire life history, thanks to a government-backed blockchain platform. What’s Your Car’s Story? According to Arabian Business, the transportation authority of Dubai has unveiled plans to create a blockchain-based vehicle management system, allowing owners to track their vehicle throughout the duration of its existence — from its construction to its destruction. Initially, the blockchain-powered platform will only track

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Square Sees Bitcoin as a ‘Transformational Technology,’ Could Launch Cryptocurrency Exchange

The post Square Sees Bitcoin as a ‘Transformational Technology,’ Could Launch Cryptocurrency Exchange appeared first on CCN

Digital payments firm Square views Bitcoin as a “transformational technology,” and analysts predict that the company could one day launch a cryptocurrency exchange. Bitcoin a ‘Transformational Technology,’ Says Square CEO Jack Dorsey The company made waves last year when it announced that it was launching a Bitcoin trading pilot program through Cash App, the firm’s

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Porsche Begins Testing Blockchain Integration With Its Vehicles

The post Porsche Begins Testing Blockchain Integration With Its Vehicles appeared first on CCN

Big things are happening over in Zuffenhausen, Germany, headquarters of Porsche. According to a Porsche press release, the automobile powerhouse is making a major push towards integrating blockchain technology into its cars. In a partnership with XAIN, a tech startup located in Berlin, Porsche is reportedly working on developing blockchain applications with its cars. Things like locking

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What’s New in the Cryptocurrency Market in 2018?

Cryptocurrency is the new favourite word for investors and geeks. It’s one of the most exciting commodities to invest with its high volatile nature belonging to one of the most developing software .i.e. Blockchain. Over the past 6-8 months, we have seen cryptocurrencies reach to the best of their prices and to the least of … Continue reading What’s New in the Cryptocurrency Market in 2018?

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Starbucks Could Serve Up a Blockchain Payments App

The post Starbucks Could Serve Up a Blockchain Payments App appeared first on CCN

Bitcoin may be off limits, but the coffee chain is not overlooking the technology that underpins cryptocurrencies. Howard Schultz, Starbucks executive chairman and the face behind the brand, suggested blockchain could very well be part of the coffee retailer’s future, pointing to the possibility of a “proprietary digital currency integrated into our application.” He told … Continued

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Verifier Will Use Blockchain to Check and Confirm Any Data Without Your Involvement

Our time is one of distrust. A time when for each product there are thousands of scams aimed at deceiving users. According to the British report Annual Fraud Indicator, fraud causes massive damage to both private individuals and corporations. For example, in the UK individuals lost 140 billion pounds in 2017, while businesses lost about 40.4 billion pounds. For this reason, there are more stringent requirements for verification of data, requests, and documents. On one

The post Verifier Will Use Blockchain to Check and Confirm Any Data Without Your Involvement appeared first on Bitcoinist.com.

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Two UAE Investors Learned Bitcoin Isn’t a Get Rich Quick Scheme

Two first-time cryptocurrency investors shared their stories with The National on Wednesday, which illustrate that Bitcoin indeed isn’t the get-rich-quick scheme many people mistakenly believe. ‘ … What I Made, I Then Lost’ First up is a Pakistani investor named Mohammed, who first invested in the Bitcoin market in December 2017. Mohammed told The National: I invested $10,000, made 30 percent and sold a week later. Then I put the whole $13,000 in again a

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Las Vegas LocalBitcoins Trader Accused of Money Laundering

The post Las Vegas LocalBitcoins Trader Accused of Money Laundering appeared first on CCN

CEO of Bitcoin, Inc., Morgan Rockcoons was arrested by officials from U.S. Immigration and Customs Enforcement (ICE) at his home in Las Vegas, Nevada. He was charged with operating an unlicensed money transmitting business and money laundering according to the court records. According to those records, in December 2017 Rockoons allegedly exchanged 10 Bitcoins (Worth … Continued

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